Compensation Plan

Help Grand Haven Area Community Foundation learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Grand Haven Area Community Foundation
Grand Haven, MI, USA
Unfollow
Log in to follow
Grand Haven Area Community Foundation
Grand Haven, MI, USA

0

Live Projects

8

Matched Projects
1 Followers

Posted July 6th

Project details

What we need
  • Review of job descriptions, pay structure, internal value, competitive market data, non-monetary rewards and benefits
  • Recommendations for updating staff compensation and incentive plans
Additional details

The focus for this project will be on our overall total rewards offerings (incentive plans, non-monetary rewards and benefits, etc.) excluding base salary as we have good benchmarking data for salary.

What we have in place
  • We currently have information on current benefits, which should make it easy for you to get started. We also have a draft updated Employee Handbook, and the ability to provide any other information you need.
How this will help
This project will save us $6,746 , allowing us to continue to support the non-profit/for impact organizations in our community.

As part of this project, we're hoping to learn about best practices and leading edge/innovative ideas regarding overall compensation packages and benefits. One of the main goals is to be sure we offer a very competitive benefits package that attracts, retains and rewards our employees - while also being fiscally responsible.

Project plan

P
Prep: Current Materials
  • Volunteer Manager provides Professional with an overview of current job descriptions, pay structures and compensation policies
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming session
  • Professional analyzes current job descriptions, pay structure, non-monetary rewards and benefits
  • Professional gathers information about competitive market data and internal value of positions
2
Milestone 2: Recommendations
  • Professional proposes recommendations for job descriptions, pay structures, compensation policies, and incentive plans
  • Volunteer Manager provides feedback to Professional’s proposals
3
Milestone 3: Compensation Plan
  • Professional delivers a compensation plan with updated job descriptions, pay structures, non-monetary rewards and other incentives
Show more

About the org

Grand Haven Area Community Foundation
Unfollow
Our mission

To enhance the quality of life for all by working together to collectively address challenges and opportunities throughout West Michigan.

The pixel